The effect of central bank transparency on inflation persistence

dc.creator	Oikonomou G., Papadamou S., Spyromitros E.	en
dc.date.accessioned	2023-01-31T09:41:02Z
dc.date.available	2023-01-31T09:41:02Z
dc.date.issued	2021
dc.identifier	10.17811/ebl.10.1.2021.58-68
dc.identifier.issn	22544380
dc.identifier.uri	http://hdl.handle.net/11615/77376
dc.description.abstract	In this paper, we examine the effect of central bank transparency on inflation persistence, using panel data analysis. The existing literature has shown a significant impact of central bank transparency on macroeconomic variables, such as inflation, but not many efforts have been made about its effect on inflation persistence. We use yearly data for 14 countries and the Eurozone (EU19). We find that monetary policy transparency has a negative statistically significant impact on inflation persistence, while controlling also for important variables such as GDP growth, interest rates, economic openness and unit labor cost. © 2021, Oviedo University Press. All rights reserved.	en
dc.language.iso	en	en
dc.source	Economics and Business Letters	en
dc.source.uri	https://www.scopus.com/inward/record.uri?eid=2-s2.0-85102346261&doi=10.17811%2febl.10.1.2021.58-68&partnerID=40&md5=2a0195cb7ace27761b23f5afd2775aeb
dc.subject	Oviedo University Press	en
dc.title	The effect of central bank transparency on inflation persistence	en
dc.type	journalArticle	en

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